August 25, 2016 9:39 AM ET

Food and Staples Retailing

Company Overview of China Resources (Holdings) Co.,Ltd.

Company Overview

China Resources (Holdings) Co.,Ltd., through its subsidiaries, engages in power, property, cement, gas, pharmaceuticals, and finance businesses. It owns and operates supermarkets in China; produces and distributes beers; processes and distributes meat, fresh, live, and aquatic products; produces and packages bottled drinking water; invests, develops, operates, and manages thermal power, wind power, hydropower, coal, and distribution-type energy projects; develops, manages, and operates real estate properties in Hong Kong and Thailand; and manufactures and distributes limestone, cement, clinker, and ready-mixed concrete. The company also provides urban gas services; pharmaceutical products an...

49/F., China Resources Building

26 Harbour Road

Wan Chai,  

Hong Kong

Founded in 1938

Phone:

852 2879 7888

Fax:

852 2827 5774

Key Executives for China Resources (Holdings) Co.,Ltd.

President and Director
Age: 62
Chief Financial Officer, General Manager of Finance Department and Director
Age: 47
Deputy General Manager, Human Resources Director and Director
Age: 52
Deputy Managing Director and Director
Age: 50
Deputy Managing Director and Director
Age: 52
Compensation as of Fiscal Year 2016.

China Resources (Holdings) Co.,Ltd. Key Developments

China Vanke Denies Rumors Of Becoming A State Controlled Entity

China Vanke Co. Ltd. (SEHK:2202) issued a statement citing its major shareholders - including Shenzhen Jushenghua Co., Ltd. , China Resources (Holdings) Co.,Ltd. and Shenzhen Metro Group Co., Ltd.- as saying media reports about the developer becoming a state-controlled entity were inaccurate.

McDonald's Targeting Buyout Firms As It Seeks To Sell North Asia Stores

McDonald's Corp. (NYSE:MCD) is targeting private equity firms, including Bain Capital Ventures, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) Co.,Ltd.; for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told Reuters. McDonald's has hired Morgan Stanley to run the sale of the restaurants in China, Hong Kong and South Korea, the people said. A formal sales process is expected to kick-off in about three to four weeks, one of the people said.

Chinese Entities Reportedly Eyes Alinta

China Resources (Holdings) Co.,Ltd., Beijing Jingneng Clean Energy Co., Limited (SEHK:579) and China Huadian Corporation intends to acquire Alinta Energy Holdings Pty Ltd. As Australian energy sector players struggle to value Alinta and bankers struggle to find buyers interested in Alinta's two very distinct parts, attention has turned to the Chinese parties lining up at auction. Sources said the interest came after they met with Alinta Energy and Lazard during a roadshow earlier in March 2016, which was designed to lure Chinese bidders into the auction. The bids are due in early April 2016. While TPG is willing to accept offers for all or parts of Alinta, sources said expectations were building that the private equity firm was seeking to get out in full.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 22, 2016
Genesis Care Ltd
Private Placement
July 18, 2016
China Internet Plus Group
 

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